The University of Michigan Consumer Sentiment Index is a consumer confidence index published monthly by the University of Michigan. They have now developed into an ongoing, nationally The consumer confidence measures were devised in the late 1940s by Professor The Index was created and still is published with the following objectives: The consumer confidence measures were devised in the late 1940s by Professor George Katona at the University of Michigan. The Index of Consumer Expectations seeks to find how consumers view three things: The Index has implications that can influence the value of The University of Michigan stated it received about a million dollars a year from Reuters for this advance information, but said it couldn't do the research without the Reuters payment.Since January 2015, Index data is available from multiple sources including University's website,University of Michigan, University of Michigan: Consumer Sentiment [UMCSENT], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/UMCSENT, May 29, 2018. The index is normalized to have a value of 100 in December 1966. Fifty core questions are asked. Each month at least 500 telephone interviews are conducted of a contiguous United States sample.

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